309, Aras Heights
Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Aras Heights
What is 309 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 506 sqft
- Floor
- 3rd of 9
- Parking
- 1
- Developer
- ARAS Real Estate Development
- Completed
- 2023
- Last sold
- AED 650K · May 2024
- Building
- Aras Heights
About 309, Aras Heights
309 is a studio of 506 sqft on the 3rd floor of Aras Heights, a 9-storey tower in Majan completed in 2023 by ARAS Real Estate Development . The developer sold it on 15 May 2024 for AED 650,000, or AED 1,285 per sqft, 7% below the AED 1,384 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 45,000 a year: a gross yield of 6.9% on the 2024 price.
Studios in Aras Heights, and where 309 sits
All 16 studios →309 last sold in May 2024 at AED 1,285 per sqft, 7% below what studios in Aras Heights were fetching at the time (AED 1,384). Over the last 12 months studios sold for AED 480,000 to 690,000, around AED 1,378 per sqft, and rent for AED 40,000 to 48,000 a year. 309's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 426 sqft | 480,000 | 1,128 | ||
| 9 Jan 20269 January 2026 | 424 sqft | 690,000 | 1,628 | ||
| 9 Jul 20259 July 2025 | 424 sqft | 490,000 | 1,156 | ||
| 21 Nov 202421 November 2024 | 424 sqft | 550,000 | 1,297 |
Aras Heights
Building73 apartments, studios to 3-bed over 9 floors in Majan, completed in 2023 by ARAS Real Estate Development . 14 sold in the last 12 months.
- Typical price per sqft
- AED 1,115
- Typical sale
- AED 1.2M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.7%
Other units on the 3rd floor
All 73 units in Aras Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,305 sqft | AED 1.17MAED 1,168,400 · Feb 2024February 2024 | ||
| 302 | 2-bed | 1,339 sqft | AED 1.29MAED 1,290,000 · Feb 2024February 2024 | 95,000 /yr | |
| 303 | 2-bed | 1,223 sqft | AED 1.27MAED 1,270,000 · May 2024May 2024 | 85,000 /yr | |
| 304 | 2-bed | 1,228 sqft | AED 1.36MAED 1,360,000 · Jun 2024June 2024 | ||
| 305 | Studio | 424 sqft | AED 490KAED 490,000 · Jul 2025July 2025 | 43,000 /yr | |
| 306 | 2-bed | 1,480 sqft | AED 1.24MAED 1,240,000 · Jun 2024June 2024 | 100,000 /yr | |
| 307 | 1-bed | 988 sqft | AED 940KAED 940,000 · Mar 2024March 2024 | 70,000 /yr | |
| 308 | 1-bed | 832 sqft | AED 940KAED 940,000 · Aug 2024August 2024 |
309, Aras Heights in numbers
- Sold once: by ARAS Real Estate Development on 15 May 2024 for AED 650,000, or AED 1,285 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 6.9%.
- Studios in Aras Heights sold for AED 480,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 1,115 per sqft.
Source: Dubai Land Department. Updated 15 August 2026.
Questions about 309, Aras Heights
What did unit 309 last sell for?
AED 650,000 on 15 May 2024, sold by the developer: AED 1,285 per sqft for 506 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 45,000 a year on the contract signed on 15 August 2026.
How big is unit 309?
506 sqft (47.0 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2023.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Aras Heights sold for AED 480,000 to 690,000 in the last 12 months, around AED 1,378 per sqft.
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Mortgage on 309, Aras Heights
Starts from the last sale price (AED 650K, 15 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →